(Jun 19,
2008) The State Council released a list of 18 counties and
municipalities in the province of Sichuan and some areas in the
provinces of Gansu and Shaanxi that are affected by the May 12
earthquake and these counties and municipalities will be specifically
helped by 19 other provinces and municipalities in ...

Price: USD $17.50

Economists: Weak U.S. dollar worsens inflation in
China

(Jun 19, 2008) Zhou Xiaochuan, governor of the People's Bank of
China (PBOC), said the weak U.S. dollar is one of the reasons for
inflation in China. The weak performance of the U.S. dollar has pushed
up global consumer prices and raw material prices. Exchanging U.S.
dollars for Chinese Renminbi increases inflation pressure ...

Price: USD $17.50

Changsheng, ICBC sign wealth management
pact with a state-owned firm

(Jun 19, 2008) Changsheng Fund Management
and Industrial & Commercial Bank of China (ICBC) signed a three-way
agreement on premium wealth management, worth RMB150 million, with a
large but unnamed state-owned company. Changsheng Fund Management will
be the custodian while ICBC acts as the trustee. This wealth management
product will minimize risks and ...

Price: USD $17.50

China's Real Estate Climate Index fell to 103.34 in
May '08

(Jun 19, 2008) China's National Real Estate Climate Index for
May was 103.34 points, down 0.73 point from April but similar to the
same period last year, said the National Bureau of Statistics (NBS). The
index has already dropped for six consecutive months. In the first five
months, the total investment in real ...

Price: USD $17.50

Franshion Properties buys assets to boost profits

(Jun 19,
2008) Hong Kong-listed Franshion Properties (China)'s chairman, Pan
Zhengyi, said the group would enlarge its asset base through
acquisition. The group stated it will take over China Jin Mao Group from
Sinochem Hong Kong (Group) Co Ltd. China Jin Mao Group is scheduled to
open the Shenzhen Jin Mao JW Marriott ...

Price: USD $17.50

New World China Land to buy into a Shenzhen listed
company

(Jun 19, 2008) Hong Kong-listed New World China Land (NWCL)
intends to exchange three property projects for a controlling stake in a
company listed on the Shenzhen Stock Exchange (SZSE). New World
Development China (NWDC) and its executive director, William Doo, will
sell their stakes in Shanghai Juyi Real Estate Development, Shanghai
Trio ...

Price: USD $17.50

HSBC and Global Payments form card processing
joint venture

(Jun 19, 2008) HSBC Holdings plc and Global Payments
Inc. (GPN), a leading payment processing company, will form a joint
venture in the UK to specialize in the point-of-sale credit card payment
business. HSBC will hold a 49% interest in the upcoming joint venture,
HSBC Merchant Services Limited, while GPN will hold the ...

Price: USD $17.50

Chongqing Bank plans to list by August '08 to
fund new projects

(Jun 19, 2008) China's Bank of Chongqing is seeking
regulatory permission to list on the domestic market in August, said
deputy mayor, Huang Qifan. The corporate governance structure,
operations, assets quality and economic efficiency of the bank already
meet the requirements for initial listing. The municipal government and
the municipal state-owned assets supervision ...

Price: USD $17.50

KPMG: China will be top investment destination
in '13-'14

(Jun 18, 2008) The accounting firm KPMG believes China will
overtake the U.S. to become the most attractive investment destination
to institutional investors in the next five years. The firm surveyed
investment strategists of over 300 multinational companies in 15 major
economies about their investment focus in the next 12 months, as well ...

Price: USD $17.50

Tang says Links benefit long-term economic
development

(Jun 18, 2008) Hong Kong's Chief Secretary for
Administration Henry Tang said on June 17 that recent developments on
both sides of the Taiwan Strait will help regional economic development.
There will also be production relocation and re-distribution among the
four areas surrounding the Strait which will create a synergistic effect
to elevate ...